This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling, where it acts as a boronic ester reagent. Its structure, featuring a boronate ester group, enables the formation of carbon-carbon bonds, making it valuable in the construction of complex organic molecules, including pharmaceuticals, agrochemicals, and advanced materials. The bromoethyl group further enhances its reactivity, allowing for additional functionalization or substitution in targeted synthesis pathways. Its stability and compatibility with various reaction conditions make it a versatile tool in modern synthetic chemistry.